Sponsors

The AUD/USD pair had a fairly negative candle during the day as we continue to run into quite a bit of resistance near the 0.77 handle. With this being the case, I feel that the market is probably going to be a bit difficult to deal with right now, and I am remaining on the sidelines. It does have a little bit of a bullish attitude to it, but not enough for me to get overly excited. I will remain on the sidelines with the Australian dollar for the time being, but will let you know as soon as I see something worth risking money over.

Save

Recommended Forex Trading Platforms

We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.